So, Warren Buffett believes in quiet dissent and a calm tone. He also believes in “hate the sin, love the sinner,” and “praising by name and criticizing by category.” Continue reading Warren Buffett: undertones of Romney’s quiet rooms… →

Josh Barro does an excellent job describing many of the key points about the challenges of crafting what politicians are calling “middle-class economics.” As I see it, they’re talking about policies that reconnect overall economic growth and the prosperity of the middle class. Though median household incomes have been rising in recent years, as best we can tell, they’re still down 1.5% in real terms over the recovery and about 3% below their pre-recession peak (these are not gov’t data; they come from the private firm Sentier Research). Meanwhile real GDP’s up 14%, corporate profitability is up about 50%, and equity markets have about doubled in real terms. Continue reading Middle Class Economics: Josh Barro nails some critical points | Jared Bernstein | On the Economy →